Today we’re sharing the performance update from the Prosper portfolio for August 2017. This month we saw credit tightening in the higher risk segments continues to slowly shift the portfolio to a higher concentration of lower risk assets (41.9% of assets were rated AA-B in August compared with 39.1% in July).
Today we are sharing performance data from the Prosper portfolio for July 2017. Our risk team implemented a credit tightening in July aimed at removing certain populations of borrowers from originations on a go-forward basis. As a result of this credit tightening, the overall distribution of the book shifted slightly towards lower risk loans. This slight shift resulted in an overall portfolio coupon decrease of 45bps and an overall return estimate decrease of 26bps.
Today we are sharing performance data from the Prosper portfolio for June 2017. The weighted average borrower rate for Prosper’s June 2017 vintage is similar to May 2017, a continuation of a platform rate which is the highest since 2013.
Today we are sharing performance data for the Prosper portfolio for May 2017. The weighted average coupon for assets originated through Prosper’s platform in May 2017 was 16.34%i, the highest for a monthly vintage since 2013. The increase was driven by a pricing increase in the AA, A, and B ratings, as well as a higher […]
Today we are sharing performance data for the Prosper portfolio for April 2017. The estimated return on April 2017 production is 8.04% i, based on the estimated loss assumption of 7.64% ii. The coupon for assets originated through Prosper’s platform in April 2017 was 16.18% iii, an increase of 0.47% from Q1. The increase was driven by a pricing […]
Today we are sharing performance data for the Prosper portfolio for March 2017. The Prosper portfolio continues to deliver an estimated return above 7% for 2017 vintages. Estimated return on March 2017 production is 7.74% on gross loss expectations of 7.35%. The higher return expectations in the AA-B rating grades reflect the impact of the […]